Genesis announces the acquisition of one A321-200 passenger aircraft on lease to Etihad Airways

Genesis welcomes Etihad as a new customer and Deucalion Aviation as a new trading partner

20th June 2024: Genesis, the Dublinbased aircraft leasing company, continues to expand their aircraft lease portfolio and customer base with the acquisition of one (1) Airbus A321200 aircraft on lease to Etihad Airways. This marks the beginning of Genesis’ relationship with the airline as well as the first asset acquisition from Deucalion Aviation.
Commenting on the acquisition, Karl Griffin CEO of Genesis stated “Genesis is delighted to welcome new customer Etihad and onboard another highly indemand A321 passenger aircraft to its fleet. We look forward to supporting Etihad Airways and expanding our relationship in the future. We also want to recognise and thank Deucalion Aviation for their support, and we look forward to growing our relationship with them.”

Jon Skirrow, CEO of Deucalion Aviation commented, “We would like to congratulate the Genesis team on successfully closing this sale and purchase transaction. We are also grateful for Etihad Airways support and cooperation. This aircraft sale and novation follows Deucalion Aviation’s recent delivery of two (2) IAE V2500 engines on long term leases to Etihad. We very much look forward to collaborating with both Genesis and Etihad again in the future”.